(Answered) : Problem 10-31 (Algorithmic) A product with an annual demand of 900 units has c,-$34.00 and Ch-$6、Th e demand exhibits some varia

Problem 10-31 (Algorithmic) A product with an annual demand of 900 units has c,-$34.00 and Ch-$6、Th e demand exhibits some variability such that the lead-time demand follows a normal obability distribution with μ-25 and σ-5. Note: Use Appendix 8 to identify the areas for the standard normal distribution. a. What is the recommended order quantity? Round your answer to the nearest whole number. 0″-| 1011 b. what are the reorder point and safety stock if the firm desires at most a 7% probability of stock-out on any given order cycle? If required, round your answers to the nearest whole number.